SASOL LIMITED SOL

VillageTraderZA Premium

The stock broke the R300 level for the first since Jan 2020. I raised my stop loss to R274.20 securing +0.37% profit. I will add 1% risk to the trade

Thapelo_Khubayi

Price bounced at support. More buy opportunities to 32500

Trader-Dan Premium

Sasol formed an inside bar / range in 2021 R300.85 - R126.19 Bullish case will be a break of the high to trade towards R489.50 Early entries and risk management can be done on the smaller Monthly/Weekly/Daily charts -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

paraujo Pro+

SOL is going through a short period of consolidation. It is still keeping above the pink trendline and looks to be moving up to the orange line which is potentially the neckline of an INVERSE HEAD AND SHOULDERS formation from July 2019.Should it breakout above the orange line it could be heading towards the black horizontal line. SOL however needs to remain...

04:02

mikeledwidge Pro+

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

paraujo Pro+

Sasol is potentially working on an Inverted Head and Shoulders Formation , potential target could be the Black longterm Support/Resistance Line at R358,97 Major contributing factors will be the Oil price and the USDZAR.

MiWealth Pro

Still bullish above 244, a break below this price will see decline to below 150. Oil is heading to below $50, only thing keeping this stock bullish is the decline in the ZAR. Should USD roll-over which we dont expect, USD is in correction for more upside, We are looking at 99 + on the DXY. We have very low growth forecast for 2022, Foreign direct investments...

Sure_Trading Premium

JSE:SOL has broken out of a triangle pattern, signaling a short position. If it continues down, I think we could see a move towards the 22500 support region.

02:56

mikeledwidge Pro+

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

jhwolmarans Pro+

After a solid run in September SOL is pulling back to the 50DMA in the form of a bull flag. If the flag triggers i will be looking for R290 and then R300 as possible targets. Trade ideas are my own and not financial advice.

BigBoss88

Hi Guys You can see we reached a support restistance around 26700, reached at the end of April '21 as well. With the RSI not oversold but lower than it's been in 2 months and buying activity at higher prices, I think the price will go up towards 27600 - 28000 again. What are your thoughts?

rmeijering1

Is it advisable to wait more for the market to drop or will it not have a big impact in the long term investment.

Innocentmaponde Premium

A potential retest of previous breakout level on the cards here; that's the 240-250 area. If that fails next support is around the 200dma around 225.

MiWealth Pro

A pullback back to 245 will be healthy for the trend of sasol, a break below 198 open up 130 @Miwealth, we make use of a wide arrange of strategies tools and reports to predict market movement, we are in nature attempting to trade the impulsive moves or larger correction in price, we therefore make use of fundamental analysis mainly using COT report analysis and...

Peet_Serfontein Premium

The improving correlation makes the pair attractive. Upside price momentum supports the fact to buy BHP and sell SOL. RSI leaves anougth room for further upside price potential. Trade idea remains risky as the overall trend remains bearish (sell BHP vs Buy SOL)

rmeijering1

H S incoming. Good market today for those holding on the option of buying in future.

John2506

Considering the Brent Crude OIL downward trend from June 2008, overall. We can see that there was a break in the trend recently, showing bullish signs. However there stil is the horizontal resistance at 85 level. On SOL side there is agressive bullish action, but limited to the brent crude oil price movement, if the oil price can breach the 85 resistance level...

rmeijering1

I am still very new in trading and want a guru to give feedback on my prediction for a 10-year long term investment. Taking a big shot here.